You may want to consider an umbrella policy to give additional Liability coverage if the limtis on your homeowners are exhaused. 

I'm used to dealing with straight turnkey providers (so all parts of the equation are under the same umbrella).

Consider average cost houses in that area are selling, taxes on the house, closing costs, maintenance costs, umbrella insurance costs, PMI costs until I own 20% of the property...

For asset protection, keep $500,000 liability insurance on each house and a $1 million umbrella policy over all of your rent houses.

So here are the numbers:+$550 — rent- $240 — lot rent- $75 — loan repayment- $50 — vacancy- $50 — maintenance- $10 — umbrella insurance+ $ 75 Cash Flow.The plan is to rent it for about 2 years and then try to sell it with a lease option.

There was No umbrella of protection or liability.

Perhaps if you have several smaller loans you can draw money out of a larger equity property and pay off some other loans.Or perhaps an umbrella loan that is over 4-6 properties?

Hello BiggerPockets,Can anybody recommend a good company offering an umbrella insurance policy? 

It falls under the umbrella of equity stripping and fraud.

I don't mean to rain on your parade, simply to point out that having an umbrella handy might be prudent.